Loan

Agriculture Loan

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1. Introduction

As one of key economic sectors, Vietnamese agriculture industry is going through remarkable development stage. Households which have invested in agricultural production will have more chance of success thanks to the funding from DongA Bank's Agriculture Loan - A practical and essential financial source with a credit limit up to 90% of necessary capital demand and 70% of collateral security assets.


2. Description of product

  • Credit limit: 70 - 90% of necessary capital demand of the solution/project and 70% of mortgage assets value.
  • Currency: VND
  • Interest rate: As provided by DongA Bank from time to time.
  • Loan term: Maximum 60 months.
  • Loan payment method: Term-end payment of principal, periodical payment of interest (3 months or 6 months).


3. Eligible customers and application conditions

  • Individual, individual household.
  • Having feasible and effective production project.
  • Having a part of capital contributed in the project.
  • Collateral security: belonging to the loan applicator or the guarantor.


4. Loan application procedure

  • Loan application form (according to form by DongA Bank).
  • Solution for production, farming and breeding.
  • Copy of ID card & Family record book/KT3 of the individual borrower.
  • Documents relating to loan use: Invoices for purchase of material, commodity in agricultural production.
  • Copy of document relating to collateral security.

5. Contacts:

For enquiries or further instructions, please contact:

 


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